Scandinavian Working Papers in Economics

Working Papers,
Lund University, Department of Economics

No 2025:1: Hayek-Myrdal Interactions in the Early 1930s: New Facts Change an Old Story

Lars Jonung () and David Laidler ()
Additional contact information
Lars Jonung: Department of Economics, Lund University, Postal: School of Economics and Management, Box 7080, S-220 07 Lund, Sweden
David Laidler: Department of Economics, University of Western Ontario, Postal: London, , Ontario, , Canada

Abstract: It is widely believed that Friedrich von Hayek’s first encounter with Gunnar Myrdal involved the latter’s last-minute contribution, as a replacement for Erik Lindahl, to a Sammelband edited by the former in 1933, and that Hayek was lukewarm towards Myrdal and his ideas from the very beginning. Correspondence between the two shows that, in fact Myrdal was among Hayek’s original invitees, and that their relationship was co-operative and cordial for two years prior to the publication of this collection. We suggest that the content, and perhaps even more, the tone of Myrdal’s paper, originally intended for the Journal of Political Economy, alienated Hayek, who nevertheless treated Myrdal’s work with academic propriety thereafter. The origin of Myrdal’s famous ex post – ex ante terminology is also revealed.

Keywords: Hayek; Myrdal; Stockholm School; ex ante – ex post

JEL-codes: B20; B30; E10; E20; E30

Language: English

30 pages, February 18, 2025

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